Telecom shares in focus; Bharti Airtel, Vodafone Idea gain up to 10%

Bharti Airtel has rallied 10% to Rs 333, while Vodafone climbed 8% to Rs 37.60 on BSE in the intra-day trade.

Shares of telecom services provider such as Bharti Airtel and Vodafone Idea have rallied by up to 6% on BSE in an otherwise subdued market after Telecom Disputes Settlement and Appellate Tribunal (TDSAT) quashes Trai's predatory pricing rule. Bharti Airtel has rallied 10% to Rs 333, while Vodafone Idea climbed 8% to Rs 37.60 on BSE in the intra-day trade. 

“Telecom Disputes Settlement and Appellate Tribunal (TDSAT) on Thursday set aside sector regulator Trai's rule on predatory pricing for lack of transparency in the guidelines over determining market share and rates of services,” the PTI report suggested.

The move